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Arletha Loos y4xX
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🇺🇸 Donald Trump Jr. says his family is "all in" on
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🇺🇸 Elon Musk says the bill Congress wants to pass is "debt slavery for the American people." Elon Musk has criticized the One Big Beautiful Bill Act, saying it's "debt slavery for the American people". This bill, also known as OBBBA or OBBB, aims to extend the 2017 Tax Cuts and Jobs Act, which is set to expire. Key provisions include: Cutting spending on programs like Supplemental Nutrition Assistance Program (SNAP) and Medicaid through stricter eligibility requirements Allocating an additional $150 billion for defense, focusing on uncrewed drones and other technologies Increasing the state and local tax (SALT) deduction cap from $10,000 to $40,000 and creating a new tax deduction for tips and overtime The Congressional Budget Office estimates the bill will add $3.8 trillion to the federal government's debt over the next 10 years Musk's criticism aligns with concerns from fiscal conservative senators like Rand Paul and Mike Lee, who argue the bill doesn't do enough to address spending. Moderate Republicans, on the other hand, have expressed concerns about Medicaid cuts and the rollback of green energy tax credits.#BlackRockETHPurchase $BTC $XRP
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🇺🇸 President Trump says "too late" Jerome Powell must lower interest rates now. US President Donald Trump is urging Federal Reserve Chair Jerome Powell to lower interest rates, saying it's "too late" now. Trump's call comes after payroll processing firm ADP reported that US private payrolls increased by only 37,000 jobs in May, far less than the expected 110,000. Trump has been criticizing Powell for months, questioning the Fed's independence and even suggesting Powell's resignation. Trump's comments have impacted US stocks and financial markets. Trump's Statement: "ADP number out. 'Too Late' Powell must now lower the rate. He is unbelievable. Europe has lowered nine times" US private payrolls increased by 37,000 jobs in May, vs 110,000 expected Trump's repeated attacks have raised questions about the Fed's independence under his administration Lower interest rates could boost the economy, but may also lead to inflation It's worth noting that a more comprehensive employment report will be released on Friday by the Labor Department's Bureau of Labor Statistics, which may provide further insights into the state of the US job market.#MyCOSTrade $BTC $BNB
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🇨🇳 Chinese firm Webus files to raise $300 million for $XRP treasury plan. Webus International, a China-based automotive and hospitality company, has filed a Form 6-K with the US Securities and Exchange Commission (SEC) to raise up to $300 million for a XRP-focused corporate treasury plan. This plan involves creating a substantial XRP reserve, managed in partnership with Samara Alpha Management LLC, and integrating Ripple's blockchain-based payment technology to enhance cross-border transactions. The company aims to leverage XRP's speed and low transaction costs to eliminate currency conversion headaches and enable instant, transparent payments for its global network of chauffeurs, travel partners, and customers. Webus will seek to raise $300 million through non-equity financing or credit facilities, preserving shareholder value while providing capital for its blockchain strategy. Webus has partnered with Samara Alpha to manage its XRP strategy and with Ripple to integrate its payment technology. The company will develop proprietary blockchain infrastructure, including in-house wallets, on-chain booking records, and a Web3 loyalty program. This move positions Webus among a growing number of companies embracing blockchain-native assets for treasury purposes, and investors will be closely monitoring the company's execution and potential impact on institutional demand for XRP.#CUDISBinanceTGE $XRP
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🇷🇺 Russia's Moscow Stock Exchange launches Bitcoin futures trading. Russia's Moscow Stock Exchange has indeed launched Bitcoin futures trading, specifically a Bitcoin futures contract tied to the price of BlackRock's iShares Bitcoin Trust ETF (IBIT). This move follows the Central Bank of Russia's decision to legalize crypto derivatives. Here are some key details: The digital currency quote will be expressed in US dollars per lot, with settlements made in Russian rubles. Trading began on June 4, and the futures will expire in September. Other Russian exchanges, like the St. Petersburg Exchange, are also planning to commence trading of futures tied to cryptocurrency values. Major banks such as Sberbank and VTB are offering crypto-linked structured bonds and other exchange-traded instruments providing exposure to cryptocurrency. These products are currently available to "highly qualified investors," who must prove investments in securities or deposits exceeding 100 million rubles ($1.25 million) and 50 million rubles in annual income. This development could potentially increase investor interest in cryptocurrencies and provide new opportunities for diversification and risk hedging. Current Bitcoin prices are around $105,125.77, with a slight decrease of 0.12%.#MyCOSTrade $BTC
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Which coin is better to buy in these days ? Consider top options like Bitcoin, Ethereum, and promising altcoins like Solana, Hyperliquid, and XRP. Research and diversify to minimize risks and maximize potential gains. Consult experts if needed.#MyCOSTrade $SOL
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